Monday, January 7, 2008

Software

It's time to buy our tax software. Again this year it will be TaxCut which has the full backing of H&R Block. It's the only software I've used at home since I quit doing them by hand back in the late 90s.

TaxCut has a version that suits us great. It includes the ability to print W2s and create the return for our Sub S Corporation.

The version that costs $90 also does personal returns.

Since we used it last year, it will take those returns and bring them forward. No need to reenter names, addresses, ID numbers, etc. It carries over such things as name of charities, names of banks, employer names from previous W2s.

My sister uses Turbo Tax and she likes it. Both do a fine job doing the math but remember the old adage:

"Garbage in, garbage out."

There are some tax events that call for professional help.

'til later

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